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F5, Inc.（FFIV）与罗致恒富（RHI）财务数据对比。点击上方公司名可切换其他公司
罗致恒富的季度营收约是F5, Inc.的1.6倍（$1.3B vs $822.5M），F5, Inc.同比增速更快（7.3% vs -5.8%），罗致恒富自由现金流更多（$170.8M vs $149.5M），过去两年F5, Inc.的营收复合增速更高（9.9% vs -6.1%）
F5, Inc.是一家美国科技企业，专注于应用安全、多云管理、线上反欺诈、应用交付网络（ADN）相关业务，同时提供应用可用性与性能优化、网络安全、访问授权管理等产品及解决方案，助力各行业客户保障数字化业务稳定运营，提升运行效率。
罗致恒富是1948年成立的国际人力资源咨询机构，总部位于加利福尼亚州门洛帕克和圣拉蒙，是全球规模领先的会计与金融领域人才派遣服务商之一，在全球范围内设有超过345个办公点。
FFIV vs RHI — 直观对比
营收规模更大
RHI
是对方的1.6倍
$822.5M
营收增速更快
FFIV
高出13.1%
-5.8%
自由现金流更多
RHI
多$21.3M
$149.5M
两年增速更快
FFIV
近两年复合增速
-6.1%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $822.5M | $1.3B |
| 净利润 | $180.1M | — |
| 毛利率 | 81.5% | 37.6% |
| 营业利润率 | 26.0% | 1.7% |
| 净利率 | 21.9% | — |
| 营收同比 | 7.3% | -5.8% |
| 净利润同比 | 8.2% | — |
| 每股收益（稀释后） | $3.10 | $0.32 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FFIVRHI
| Q4 25 | $822.5M | $1.3B | ||
| Q3 25 | $810.1M | $1.4B | ||
| Q2 25 | $780.4M | $1.4B | ||
| Q1 25 | $731.1M | $1.4B | ||
| Q4 24 | $766.5M | $1.4B | ||
| Q3 24 | $746.7M | $1.5B | ||
| Q2 24 | $695.5M | $1.5B | ||
| Q1 24 | $681.4M | $1.5B |
净利润FFIVRHI
| Q4 25 | $180.1M | — | ||
| Q3 25 | $190.5M | $42.9M | ||
| Q2 25 | $189.9M | $41.0M | ||
| Q1 25 | $145.5M | $17.4M | ||
| Q4 24 | $166.4M | — | ||
| Q3 24 | $165.3M | $65.5M | ||
| Q2 24 | $144.1M | $68.2M | ||
| Q1 24 | $119.0M | $63.7M |
毛利率FFIVRHI
| Q4 25 | 81.5% | 37.6% | ||
| Q3 25 | 82.2% | 37.2% | ||
| Q2 25 | 81.0% | 37.2% | ||
| Q1 25 | 80.7% | 36.9% | ||
| Q4 24 | 81.7% | 38.8% | ||
| Q3 24 | 80.8% | 39.0% | ||
| Q2 24 | 80.4% | 39.2% | ||
| Q1 24 | 79.3% | 38.1% |
营业利润率FFIVRHI
| Q4 25 | 26.0% | 1.7% | ||
| Q3 25 | 25.4% | 1.0% | ||
| Q2 25 | 25.2% | 0.1% | ||
| Q1 25 | 21.7% | 2.9% | ||
| Q4 24 | 26.8% | 4.7% | ||
| Q3 24 | 25.6% | 4.1% | ||
| Q2 24 | 23.4% | 5.1% | ||
| Q1 24 | 20.5% | 2.8% |
净利率FFIVRHI
| Q4 25 | 21.9% | — | ||
| Q3 25 | 23.5% | 3.2% | ||
| Q2 25 | 24.3% | 3.0% | ||
| Q1 25 | 19.9% | 1.3% | ||
| Q4 24 | 21.7% | — | ||
| Q3 24 | 22.1% | 4.5% | ||
| Q2 24 | 20.7% | 4.6% | ||
| Q1 24 | 17.5% | 4.3% |
每股收益（稀释后）FFIVRHI
| Q4 25 | $3.10 | $0.32 | ||
| Q3 25 | $3.25 | $0.43 | ||
| Q2 25 | $3.25 | $0.41 | ||
| Q1 25 | $2.48 | $0.17 | ||
| Q4 24 | $2.82 | $0.53 | ||
| Q3 24 | $2.79 | $0.64 | ||
| Q2 24 | $2.44 | $0.66 | ||
| Q1 24 | $2.00 | $0.61 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.2B | $464.4M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $3.5B | $1.3B |
| 总资产 | $6.3B | $2.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资FFIVRHI
| Q4 25 | $1.2B | $464.4M | ||
| Q3 25 | $1.3B | $365.3M | ||
| Q2 25 | $1.4B | $380.5M | ||
| Q1 25 | $1.3B | $342.5M | ||
| Q4 24 | $1.2B | $537.6M | ||
| Q3 24 | $1.1B | $570.5M | ||
| Q2 24 | $935.6M | $547.4M | ||
| Q1 24 | $903.5M | $540.9M |
股东权益FFIVRHI
| Q4 25 | $3.5B | $1.3B | ||
| Q3 25 | $3.6B | $1.3B | ||
| Q2 25 | $3.5B | $1.3B | ||
| Q1 25 | $3.3B | $1.3B | ||
| Q4 24 | $3.2B | $1.4B | ||
| Q3 24 | $3.1B | $1.5B | ||
| Q2 24 | $3.0B | $1.5B | ||
| Q1 24 | $2.9B | $1.5B |
总资产FFIVRHI
| Q4 25 | $6.3B | $2.9B | ||
| Q3 25 | $6.3B | $2.8B | ||
| Q2 25 | $6.1B | $2.8B | ||
| Q1 25 | $5.9B | $2.7B | ||
| Q4 24 | $5.9B | $2.9B | ||
| Q3 24 | $5.6B | $3.0B | ||
| Q2 24 | $5.4B | $2.9B | ||
| Q1 24 | $5.4B | $2.9B |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $159.2M | $182.5M |
| 自由现金流经营现金流 - 资本支出 | $149.5M | $170.8M |
| 自由现金流率自由现金流/营收 | 18.2% | 13.1% |
| 资本支出强度资本支出/营收 | 1.2% | 0.9% |
| 现金转化率经营现金流/净利润 | 0.88× | — |
| 过去12个月自由现金流最近4个季度 | $861.2M | $266.8M |
8季度趋势，按日历期对齐
经营现金流FFIVRHI
| Q4 25 | $159.2M | $182.5M | ||
| Q3 25 | $208.1M | $77.4M | ||
| Q2 25 | $282.2M | $119.4M | ||
| Q1 25 | $256.6M | $-59.3M | ||
| Q4 24 | $202.8M | $154.8M | ||
| Q3 24 | $246.5M | $129.6M | ||
| Q2 24 | $159.0M | $142.0M | ||
| Q1 24 | $221.6M | $-15.9M |
自由现金流FFIVRHI
| Q4 25 | $149.5M | $170.8M | ||
| Q3 25 | $191.9M | $63.6M | ||
| Q2 25 | $273.7M | $104.2M | ||
| Q1 25 | $246.1M | $-71.7M | ||
| Q4 24 | $194.7M | $140.5M | ||
| Q3 24 | $240.4M | $111.8M | ||
| Q2 24 | $153.1M | $129.6M | ||
| Q1 24 | $212.2M | $-27.7M |
自由现金流率FFIVRHI
| Q4 25 | 18.2% | 13.1% | ||
| Q3 25 | 23.7% | 4.7% | ||
| Q2 25 | 35.1% | 7.6% | ||
| Q1 25 | 33.7% | -5.3% | ||
| Q4 24 | 25.4% | 10.2% | ||
| Q3 24 | 32.2% | 7.6% | ||
| Q2 24 | 22.0% | 8.8% | ||
| Q1 24 | 31.1% | -1.9% |
资本支出强度FFIVRHI
| Q4 25 | 1.2% | 0.9% | ||
| Q3 25 | 2.0% | 1.0% | ||
| Q2 25 | 1.1% | 1.1% | ||
| Q1 25 | 1.4% | 0.9% | ||
| Q4 24 | 1.1% | 1.0% | ||
| Q3 24 | 0.8% | 1.2% | ||
| Q2 24 | 0.8% | 0.8% | ||
| Q1 24 | 1.4% | 0.8% |
现金转化率FFIVRHI
| Q4 25 | 0.88× | — | ||
| Q3 25 | 1.09× | 1.80× | ||
| Q2 25 | 1.49× | 2.91× | ||
| Q1 25 | 1.76× | -3.42× | ||
| Q4 24 | 1.22× | — | ||
| Q3 24 | 1.49× | 1.98× | ||
| Q2 24 | 1.10× | 2.08× | ||
| Q1 24 | 1.86× | -0.25× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FFIV
| Services | $412.2M | 50% |
| Products | $410.3M | 50% |
RHI
| Finance And Accounting | $535.2M | 41% |
| Protiviti | $479.0M | 37% |
| Technology | $156.4M | 12% |
| Permanent Placement Talent Solutions | $102.6M | 8% |
| Other | $29.2M | 2% |
